Providence, Rhode Island Bank Gives SBA Loan to Family Clothing Stores Company
Want to talk with a Providence, Rhode Island bank about an SBA loan? Here's one Illinois business loan, issued by a Providence bank, that was approved by the SBA.
Applying for an SBA loan with Rbs Citizens worked out well for our friends at one local firm in Chicago, Illinois. The business was able to get an SBA loan for $33,700. Sweet!
SBA Loan Borrower
COMPANY TYPE: FAMILY CLOTHING STORES
CHICAGO, IL 60659
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
448140 - Family Clothing Stores
Loan Approval Date
1/5/2006
Loan Approval Gross Amount
$33,700
Loan Approval from the SBA
Of the total $33,700 loan amount, the SBA guaranteed $16,850.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Understanding Dilution
Small Business Banks in Providence, Rhode Island
Rhode Island SBA Bank Lenders